﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" returnVersion="2021v4.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2022-05-13T16:28:19-04:00</ReturnTs>
    <TaxPeriodEndDt>2021-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>942973613</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Complete Financial</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>459 Fulton Street Suite 203</AddressLine1Txt>
        <CityNm>San Francisco</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>94102</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2021-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>680233907</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>The Binkley Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>BINK</BusinessNameControlTxt>
      <USAddress>
        <AddressLine1Txt>610 Harbor Street STE 5</AddressLine1Txt>
        <CityNm>Venice</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>90291</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>Charles Mitchell</PersonNm>
      <PersonTitleTxt>Treasurer CFO</PersonTitleTxt>
      <PhoneNum>9256390835</PhoneNum>
      <SignatureDt>2022-05-12</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>Charles</PersonFirstNm>
        <PersonLastNm>Mitchell</PersonLastNm>
      </PersonFullName>
    </SigningOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Erik Hsieh EA</PreparerPersonNm>
      <PTIN>P00331152</PTIN>
      <PhoneNum>4152028555</PhoneNum>
      <PreparationDt>2022-05-13</PreparationDt>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>0</TrustedCustomerCd>
        <OOBSecurityVerificationCd>00</OOBSecurityVerificationCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2021</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="4">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>11135758</FMVAssetsEOYAmt>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>540</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>540</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>540</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>126131</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>126131</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>126131</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>93447</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>141530</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>93447</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>5234</NetSTCapitalGainAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>220118</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>220118</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>131905</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="STM108">785</AccountingFeesRevAndExpnssAmt>
        <TotOprExpensesRevAndExpnssAmt>785</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>0</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>500000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>785</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>500000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>219333</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>220118</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>131905</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>2000</CashBOYAmt>
        <CashEOYAmt>7357</CashEOYAmt>
        <CashEOYFMVAmt>7357</CashEOYFMVAmt>
        <CorporateStockBOYAmt>9238258</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="STM137">11128401</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>11128401</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>9240258</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>11135758</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>11135758</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>9240258</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>11135758</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>9240258</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>11135758</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>9240258</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>11135758</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>9240258</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>219333</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="STM115">1676167</OtherIncreasesAmt>
        <SubtotalAmt>11135758</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>11135758</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CS 0692 3 sh Crown Castle</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-12-16</AcquiredDt>
          <SoldDt>2001-12-08</SoldDt>
          <GrossSalesPriceAmt>576</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>457</CostOrOtherBasisAmt>
          <GainOrLossAmt>119</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CS 0692 500 sh Keurig Dr Pepper Inc</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-12-08</AcquiredDt>
          <SoldDt>2021-05-10</SoldDt>
          <GrossSalesPriceAmt>18251</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>15074</CostOrOtherBasisAmt>
          <GainOrLossAmt>3177</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CS 0692 Box D transactions</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-02-07</AcquiredDt>
          <SoldDt>2021-12-09</SoldDt>
          <GrossSalesPriceAmt>7417</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7108</CostOrOtherBasisAmt>
          <GainOrLossAmt>309</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CS 0692 Box F transactions incl BMY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2002-09-25</AcquiredDt>
          <SoldDt>2021-05-13</SoldDt>
          <GrossSalesPriceAmt>66765</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>25444</CostOrOtherBasisAmt>
          <GainOrLossAmt>41321</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Vanguard ST capital gains distrib</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-01-01</AcquiredDt>
          <SoldDt>2021-12-01</SoldDt>
          <GrossSalesPriceAmt>1938</GrossSalesPriceAmt>
          <GainOrLossAmt>1938</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Vanguard LT capital gains distrib</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2022-12-31</SoldDt>
          <GrossSalesPriceAmt>46583</GrossSalesPriceAmt>
          <GainOrLossAmt>46583</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>93447</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>5234</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>3060</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>3060</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>3060</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>1500</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>1500</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>1560</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <IndividualWithBooksNm>Charles Mitchell</IndividualWithBooksNm>
        <PhoneNum>9256390835</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>610 Harbor Street</AddressLine1Txt>
          <CityNm>Venice</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>90291</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Charles Mitchell</PersonNm>
          <USAddress>
            <AddressLine1Txt>610 Harbor Street</AddressLine1Txt>
            <CityNm>Venice</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90291</ZIPCd>
          </USAddress>
          <TitleTxt>Treasurer CFO</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Terry Anne Binkley</PersonNm>
          <USAddress>
            <AddressLine1Txt>2601 Ridge Rd</AddressLine1Txt>
            <CityNm>Berkeley</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94709</ZIPCd>
          </USAddress>
          <TitleTxt>CEO</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>10300000</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>5200</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>10305200</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>10305200</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>154578</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>10150622</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>507531</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>507531</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>3060</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>3060</TotalTaxAmt>
        <DistributableBeforeAdjAmt>504471</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>504471</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>504471</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>500000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>500000</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>504471</DistributableAsAdjustedAmt>
        <QualifyingDistributionsAmt>500000</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>500000</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>4471</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UC Berkeley Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>336 Sproul Hall</AddressLine1Txt>
            <CityNm>Berkeley</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94720</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>250000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Vascular Cures</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>274 Redwood Shores Parkway Ste 717</AddressLine1Txt>
            <CityNm>Redwood City</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94065</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>250000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>500000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>93447</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>93447</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>93447</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="STM108">
      <AccountingFeesDetail>
        <CategoryTxt>Tax preparation</CategoryTxt>
        <Amt>785</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="STM137">
      <InvestmentsCorporateStockGrp>
        <StockNm>Stock investments -Schwab acnt</StockNm>
        <EOYBookValueAmt>11128401</EOYBookValueAmt>
        <EOYFMVAmt>11128401</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherIncreasesSchedule documentId="STM115">
      <OtherIncreasesDetail>
        <Desc>Adjustmt of Ln 2 gain already refld</Desc>
        <Amt>1676167</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
  </ReturnData>
</Return>